by Mark Helm | Sep 27, 2024 | Self Storage Business Planning, Self Storage Management
Congratulations. You now own at least one self-storage facility. In the old days, we would just set up shop, get our operating system up and running, and turn on the lights. Voila. Soon, our facility would be rented up, or if we just took over an existing one, we...
by Mark Helm | Jul 29, 2022 | Self Storage Business Planning, Self Storage Management
If you do it right in your self storage facility, you can create a lot of additional income and value for yourself by having the right additional sources of revenue. Even in managerless, automated projects, one can create a high percentage of additional revenue. But...
by Mark Helm | Jul 22, 2022 | Self Storage Business Planning, Self Storage Financing
Will Rising Interest Rates Cool Off Self Storage Market? Or at least the acquisition side of it? In my opinion, that wouldn’t be all bad. But I have my doubts. Yes, yield curve inversion, a classic recession indicator, fired up in early July, but other “recessionary”...
by Mark Helm | Jul 9, 2021 | Buy Self Storage, Getting Started In Self Storage Series, Self Storage Business Planning, Self Storage Financing
I have discussed in my training and classes why I think there is a bright future for the next decade or so for the small investor in self-storage, but I realize I haven’t created an episode for the general public on this topic. Here is it. There are three main reasons...
by Mark Helm | May 28, 2021 | Buy Self Storage, Self Storage Business Planning
We are in the sixth and final episode in a series centered around the due diligence process for self storage in today’s world. We have covered a lot. So far, we have discussed: Timelines and what to get from the Seller. Physical inspections and third-party vendors....
by Mark Helm | May 14, 2021 | Buy Self Storage, Self Storage Business Planning
We are in the fourth episode in a series centered around the due diligence process for self storage in today’s world. So far, we have discussed: Timelines and what to get from the Seller. Physical inspections and third-party vendors. Financial records and operational...
